SD Network

DISABILITY SCOOP: IRS Reminding People With Disabilities About New ABLE Account Rules

By: SD Network
Posted in: ABLE Accounts

With a change taking effect this year, individuals with disabilities can save more money than ever before without losing out on Social Security, Medicaid and other government benefits.  People with  disabilities can  now  put up to $27,140 in an ABLE account per year.  In addition, the IRS indicated that workers with disabilities who have ABLE accounts can now qualify for a Saver’s Credit.

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